GEOSENTRIC OYJ STOCK EXCHANGE RELEASE July 8, 2011 at 17:20 APPOINTMENTS IN GEOSENTRIC OYJ'S BOARD AND MANAGEMENT The board of GeoSentric Oyj (the Company) has on its meeting July 6, 2011 appointed Vic Franck to be the Chairman of the Company. Mike Po was appointed the Company's managing director. The Board decided to retain all earlier established Committees. The Committees now consist of the three board members Vic Franck, Mike Po and Jeff Crevoiserat. The Committees are: 1) Audit and Finance Committee; 2) Corporate Governance and Nominations Committee; 3) Compensation Committee, and 4) Strategic Options Committee. GeoSentric Oyj For more information, please contact: investors@gypsii.com Distribution: NASDAQ OMX Helsinki Principal news media